Dylan's taxable inome is $132,988. If the first $16,050 is taxed at 10%, with the remainder at 28%, how much tax will he owe? If his employer already took out $36,000, determine the amount of refund he will receive.

$1652.36

Step-by-step explanation:

Dylan's taxable inome is $132,988.

The first $16,050 is taxed at 10%

= 10% of $16050

= 10/100 × 16050

= 0.1 × 16050

= $1605

with the remainder of Dylan's income was taxed at 28%.

Remainder of Dylan's income= $132988 - $16050

= $116938

28% of $116938

= 28/100 × 116938

= 0.28 × 116938

= $32742.64

Total taxes= $32742.64 + $1605

= $34347.64

Since Dylan's employer already took out $36,000 and he's meant to pay $34347.64, he'll have a refund of:

$36000 - $34347.64 = $1652.36

0.16 or 16%

step-by-step explanation:

lets take a coin for example.

if you toss it twice, it has a 1/4 chance of landing on heads both times because 1/2 * 1/2 is 1/4.

with the cards, the chance of picking dog is 0.4. having two people pick one is like picking a card twice in a row. so 0.4 * 0.4 is 0.16, or 16%